NGX Trading Summary for Tuesday, January 7, 2025
Trading Activity Overview
At the close of the day’s trading on the Nigerian Stock Exchange (NGX):
• Shares Traded: 1,112,216,698 shares
• Total Deals: 16,617
• Market Value: NGN 14.64 billion
• Market Capitalization: NGN 63.1 trillion
Compared to the previous trading day (Monday, January 6, 2025):
• Trading Volume: Increased by 30%
• Turnover: Improved by 10%
Performance of Listed Equities
A total of 127 equities were actively traded, with:
• 19 gainers
• 51 losers
• 57 stocks remained unchanged
Top Gainers
The best-performing stocks of the day included:
1. PZ Cussons Nigeria: +10%, closing at NGN 27.50 per share
2. Abbey Mortgage Bank: +10%
3. Learn Africa: +9.9%
4. NCR Nigeria: +9.77%
Top Losers
Stocks that recorded the highest losses were:
1. RT Briscoe: -10%, closing at NGN 2.70 per share
2. FTN Cocoa Processors: -10%
3. Veritas Kapital Assurance: -10%
4. Sunu Assurances Nigeria: -9.98%
Most Active Stocks by Volume
The highest trading activity by volume came from:
1. FBN Holdings: 161 million shares
2. Aiico Insurance: 121 million shares
3. Tantalizers: 105 million shares
4. Universal Insurance Company: 93.8 million shares
Market Outlook
The session showcased strong trading activity with notable improvements in both volume and turnover. While gainers like PZ Cussons and Abbey Mortgage Bank stood out, the market saw significant sell-offs in stocks like RT Briscoe and FTN Cocoa Processors. Investors continue to navigate a dynamic market environment, with opportunities for growth balanced against potential risks.
Trading Activity Overview
At the close of the day’s trading on the Nigerian Stock Exchange (NGX):
• Shares Traded: 1,112,216,698 shares
• Total Deals: 16,617
• Market Value: NGN 14.64 billion
• Market Capitalization: NGN 63.1 trillion
Compared to the previous trading day (Monday, January 6, 2025):
• Trading Volume: Increased by 30%
• Turnover: Improved by 10%
Performance of Listed Equities
A total of 127 equities were actively traded, with:
• 19 gainers
• 51 losers
• 57 stocks remained unchanged
Top Gainers
The best-performing stocks of the day included:
1. PZ Cussons Nigeria: +10%, closing at NGN 27.50 per share
2. Abbey Mortgage Bank: +10%
3. Learn Africa: +9.9%
4. NCR Nigeria: +9.77%
Top Losers
Stocks that recorded the highest losses were:
1. RT Briscoe: -10%, closing at NGN 2.70 per share
2. FTN Cocoa Processors: -10%
3. Veritas Kapital Assurance: -10%
4. Sunu Assurances Nigeria: -9.98%
Most Active Stocks by Volume
The highest trading activity by volume came from:
1. FBN Holdings: 161 million shares
2. Aiico Insurance: 121 million shares
3. Tantalizers: 105 million shares
4. Universal Insurance Company: 93.8 million shares
Market Outlook
The session showcased strong trading activity with notable improvements in both volume and turnover. While gainers like PZ Cussons and Abbey Mortgage Bank stood out, the market saw significant sell-offs in stocks like RT Briscoe and FTN Cocoa Processors. Investors continue to navigate a dynamic market environment, with opportunities for growth balanced against potential risks.